Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” The layoff announcement this week...
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment, solid consumer spending—but is quietly losing...
If you’re thinking about buying a new home, there’s a decent chance you’re planning to make the purchase in the summer. After all, summer is the...
President Donald Trump has claimed that he doesn’t know who Changpeng Zhao is — the cryptocurrency billionaire he pardoned last month with ties to the first...
The $100 billion club is being replaced by the $200 billion club as tech fortunes soar on AI buzz. Elon Musk, Larry Ellison, Jeff Bezos, Mark...
Changpeng Zhao, the co-founder of crypto giant Binance, is also known as ‘CZ’ [Getty Images] US President Donald Trump says he does not know who Changpeng...
Federal Reserve Governor Lisa Cook speaks on “The Outlook for the Economy and Monetary Policy” at the Brookings Institution in Washington, DC, on November 3. –...
(Bloomberg) — Ask Rick Woldenberg why he’s challenging President Donald Trump’s tariffs at the US Supreme Court, and he might mention a furry unicorn yoga ball....
Wall Street’s optimism going into 2025 looks like it was right on the money. Most everyone’s year-end bonuses, which will be doled out early next year,...
Americans’ household debt levels – including mortgages, car loans, credit cards and student loans – are now at a new record high, according to data released...